It is good to see more SaaS activity in the video market.  I was at a function this evening hosted by one of the leading VC and start-up focused banks, Silicon Valley Bank.  In addition to having a nice time drinking wine and eating some nice appetizers, I was able to re-connect with another local entrepreneur in the video world, Bryan Bouldin.  Bryan runs an early stage video company that is focused on facial recognition and the integration with criminal databases as a tool in the fight against organized retail crime.  The company is called Riverview Systems if you want to check it out (although their website is currently under construction).

The cool thing about re-connecting with Bryan was how he described his company.  When I first met Bryan about a year ago they were implementing a very hardware intensive model that would require a retailer to run servers on premise to house a database of facial images and their application.  A year later they have augmented their model with a SaaS based solution that eliminates the in-store investment and completely changes their pricing dynamic making it much more affordable for the retailer.

When I introduced Bryan to another colleague of mine, and my colleague inquired as to what Bryan did he replied “I run a SaaS company”  I have expected to see a lot more start-ups and incumbents entering the Managed Video as a Service market.  It is good to see it happening.

Good luck Bryan!